Detail Oriented Trust Establishment & Management in Western Australia

At Granich Partners, we understand how trusts can be utilised to plan for a prosperous future and safeguard your assets even after your death. We have been Western Australia’s trusted experts in structuring trusts for farming and commercial operations for over 40 years. Whether you are in the agribusiness sector, commercial sector or are simply planning your estate, we provide comprehensive solutions tailored to your unique needs. 

Why Establish a Trust?

A trust is a legal structure where a person or entity (the trustee) holds assets on behalf of beneficiaries. It is a powerful tool for asset protection, tax planning, and succession planning, allowing  for controlled management and the transfer of wealth. At Granich Partners, we have extensive experience  establishing, structuring and amending  family trusts, testamentary trusts, and unit trusts to align with your business goals and safeguard your estate.

Family Trusts

Family trusts (discretionary trusts) are an ideal choice for managing family-owned commercial or agricultural operations. In a family trust, the:

• Settlor initiates the trust.

• Trustee holds and manages the assets.

• Beneficiaries receive distributions as determined by the trustee.

• Appointor has the authority to replace the trustee.

• Guardian (if applicable) has veto rights over key trust decisions.

Our team works closely with you to structure your trust.  A well structured trust facilitates asset protection, succession planning, and mitigates capital gains tax, these are all key elements of business continuity.

Testamentary Trusts

A testamentary trust is created through a Will and activates upon the Will maker's death.Testamentary trusts can be used to help mitigate the taxation liabilities of the estate and protect assets left to your beneficiaries in your Will. Our team at Granich Partners understands the benefits and liabilities associated with testamentary trusts and can help you decide if a testamentary trust will suit your needs.

Unit Trusts

Unit trusts enable  unit holders to have a defined interest in the property and income of a trust, which is particularly suitable for business partners or investors at arm’s length. These trusts provide flexibility and allow unit holders to transfer their interests, such as in a Will. However, they come with specific tax implications and complexities, in which we can help you navigate. 

Why Choose Granich Partners to Structure & Manage Your Trust?

With decades of experience serving Western Australia’s agribusiness community, we know the intricacies of establishing and managing trusts for farming, family, and business continuity. Our trust services provide:

• Tailored estate planning aligned with your family’s goals.

• Tax guidance and asset protection strategies.

• Business continuity planning for a seamless transition across generations.

• Holistic support involving your financial advisors and accountants.

We understand that every situation is unique. With Granich Partners, you’ll have a dedicated team who understands Western Australian agribusiness and is committed to securing your assets and legacy.

Secure Your Future with Granich Partners

Granich Partners has built a reputation as the premier choice for trust establishment and management in Western Australia. Contact us today to let us help you protect your assets and ensure your business and estate plan aligns with your vision for the future.

Estate Planning Guide

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About Granich Partners

Granich Partners is a leading law firm in Western Australia specialising in agribusiness law and estate planning. With decades of experience and a principled, professional approach, we provide expert legal advice and representation to clients across the state. Let us help you secure your legacy with confidence.